What are the responsibilities and job description for the Associate, Index Trader position at HSBC?
In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC, we use our unique expertise, capabilities, breadth, and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities, and the planet we all share.
The Associate, Index Trader is responsible for driving revenue generation across index products, forward trading, and ETFs ( Exchange Traded Funds) . The role contributes to the development and refinement of trading strategies, while actively managing the risk profile of the global indices and ETFs book, including key sensitivities and exposures such as delta, dividends, repo, and corporate actions.
As a key point of contact for Sales teams and clients, the Associate, Index Trader ensures client orders are executed to the highest possible standard, with a strong focus on best execution and consistent alignment with HSBC’s values.
As Our Associate, Index Trader You Will
Your final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.
Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC, we use our unique expertise, capabilities, breadth, and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities, and the planet we all share.
The Associate, Index Trader is responsible for driving revenue generation across index products, forward trading, and ETFs ( Exchange Traded Funds) . The role contributes to the development and refinement of trading strategies, while actively managing the risk profile of the global indices and ETFs book, including key sensitivities and exposures such as delta, dividends, repo, and corporate actions.
As a key point of contact for Sales teams and clients, the Associate, Index Trader ensures client orders are executed to the highest possible standard, with a strong focus on best execution and consistent alignment with HSBC’s values.
As Our Associate, Index Trader You Will
- Supervise traders, with a high level of responsibility covering the entire trading process cycle and a specific focus on conduct
- Communicate commercial opportunities and optimization strategies across, upward and downward
- Manage teams and collaborate across assets and regions to increase synergies and revenue
- Maintain various risk positions and manages within position limits, providing liquidity and trade ideas to clients while trading within set limits to help the trading team achieve a given revenue target
- Identify when decisions need to be taken to a high level
- Provide consistent pricing and market making to sales force and target clients
- Provide feedback to sales and management about Client hit ratio (target, new indexes, replication issues)
- Collaborate with IT and Quants to enhance trading platform and pricing systems
- Foster collaboration to provide new products to our clients
- Develop strategies to increase Net revenues and reducing costs (financial resources)
- Execute firm and customer’ trades in accordance with desk Volcker designation, focusing on conduct and HSBC values
- Bachelor's degree in applicable discipline
- Prior experience working in a capital markets capacity
- FINRA SIE, S7, S57, S63 licences are required. A contingency period to obtain licences can be provided at the discretion of the manager
Your final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.